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Billing rates for law firms that serve corporate clients continue to increase at a historically fast clip, with the largest firms increasing their fees the fastest in 2024, according to a report out Tuesday that found some associates' billing rates are nearing $2,000 per hour.
An Indian business owner has asked a New Jersey court to force a Morristown-based McElroy Deutsch Mulvaney & Carpenter LLP partner to sit for a deposition in his malpractice suit against Duane Morris LLP in Pennsylvania state court.
Intellectual property firm Knobbe Martens announced that in late May, it plans to relocate its operations in Seattle from the city's downtown to a new office space in the nearby town of Bellevue.
Burke Moore Law Group LLP asked the Georgia Supreme Court on Monday to reject Drew Eckl & Farnham LLP's bid to review an appellate ruling that allowed Burke Moore to avoid arbitration over fees between Drew Eckl and its partners who previously practiced at the firm.
Bressler Amery & Ross PC has launched an office in Oklahoma City with two partners and one counsel from Steptoe & Johnson PLLC as part of its effort to increase its presence in the Southwest, the firm announced Monday.
Pennsylvania-based regional firm McNees Wallace & Nurick continued its recent growth spurt with the addition of a family law attorney to the Harrisburg office, the firm's sixth lateral hire since January.
Baker Donelson Bearman Caldwell & Berkowitz PC announced a major expansion into New Jersey on Monday with 26 attorneys joining the firm from Epstein Becker Green in new offices in Princeton and Iselin.
After a crypto user exploited a software bug to create millions of dollars' worth of new tokens from a blockchain network, a Manatt Phelps & Phillips LLP team defeated his claim to the tokens — and won an award worth millions — by showing that faulty code can't stand in for rule of law.
Barbara Koonz, the recently announced next managing partner of Greenbaum Rowe Smith & Davis LLP, joined Law360 Pulse to discuss the significance of taking over as just the fourth managing partner of the over-100-year-old firm.
Kasowitz Benson Torres LLP's work monitoring compliance in the T-Mobile and Sprint merger and Choate Hall & Stewart LLP's role in the $6.1 billion acquisition of the Boston Celtics lead this edition of Law360 Pulse's Spotlight on Mid-Law Work, recapping the top matters for Mid-Law firms from April 4 to 18.
Miles & Stockbridge has hired an attorney who represents commercial lenders and banks in a range of financial matters, and who joins the firm after nearly 30 years at Troutman Pepper Locke LLP.
Schlichter Bogard LLC and the University of Virginia School of Law Supreme Court Litigation Clinic lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court revived a class action from Cornell University workers who said their retirement plans were saddled with excessive fees.
Fox Rothschild LLP has grown its corporate offerings in Pennsylvania with the addition of Saxton & Stump LLC's former mergers and acquisitions leader, according to a Friday announcement.
Law firms' office real estate footprints are stabilizing as firms bolster their in-office attendance — through return-to-office programs and a focus on culture — and move away from space-sharing for attorneys, according to a report from CBRE.
This was another action-packed week for the legal industry as BigLaw firms hired new talent and the D.C. Bar kicked off its annual election. Test your legal news savvy here with Law360 Pulse's weekly quiz.
A law firm that bought thousands of client files left over from the collapse of bankrupt California-based debt relief business Litigation Practice Group PC has agreed to pay nearly $1 million to the bankruptcy estate to help settle a payment dispute that began months ago.
Mid-sized firm Saxton & Stump has continued to expand its Pennsylvania footprint, recently opening a new office in Pittsburgh with a five-person legal team that moved its construction litigation practice from Burns White LLC.
Munsch Hardt Kopf & Harr PC announced that an experienced corporate attorney who has spent nearly 15 years working in-house and in private practice has joined the firm's Austin, Texas, office as a shareholder from Amini & Conant LLP.
A little over six months after Stites & Harbison PLLC launched its new outpost in Connecticut with a three-attorney team from Cantor Colburn LLP, a fourth lawyer has made the jump to join Stites & Harbison's intellectual property and technology service group in Hartford, the firm has said.
Virtual law firm FisherBroyles LLP announced Thursday that a pair of trusts and estates attorneys most recently from Roetzel & Andress LPA joined the firm in Naples, Florida.
Carlton Fields has hired a longtime Eversheds Sutherland financial services partner, according to an announcement Wednesday, who is bringing a practice focused on ensuring clients comply with retirement plan laws and their fiduciary duties.
The former CEO of WorldQuant Predictive Technologies LLC cannot reargue failed $6 million stock loss claims against the company from which he was ousted or its law firm Pullman & Comley LLC, a Connecticut trial judge has ruled.
Steptoe LLP announced Wednesday that it has hired a former assistant U.S. attorney for the District of Connecticut with a history of prosecuting everything from fraud to violent crime.
Smith Gambrell & Russell LLP has grown its litigation and real estate practices with a former Fox Rothschild LLP partner who serves as outside counsel to condominium and cooperative apartment boards.
A system for sourcing job candidates used by the vast majority of large U.S. law firms called the Mansfield Rule was highlighted by the U.S. Department of Justice in a court filing accusing Perkins Coie LLP of discriminatory hiring practices. However, employment law experts say the program appears to comply with federal antidiscrimination laws.
Technological shifts during the pandemic and beyond should force firms to rethink how legal secretaries can not only better support timekeepers but also participate in elevating client service, bifurcating the role into an administrative support position and a more elevated practice support role, says Lauren Chung at HBR Consulting.
Series
Ask A Mentor: How Can I Ace My Upcoming Annual Review?Jennifer Rakstad at White & Case highlights how associates can emphasize achievements and seek support before, during and after their annual review, despite the pandemic’s negative effects on face time with colleagues and business development opportunities.
In order to be perceived as prestigious by clients and potential recruits, law firms should take their branding efforts beyond designing visual identities and address six key imperatives to differentiate themselves — from identifying intangible core strengths to delivering on promises at every interaction, says Howard Breindel at DeSantis Breindel.
Law firms looking to streamline matter management should consider tools that offer both employees and clients real-time access to documents, action items, task assignee information and more, overcoming many of the limitations of project communications via email, says Stephen Weyer at Stites & Harbison.
Series
Ask A Mentor: How Can I Successfully Switch Practices?Associates who pivot into new practice areas may find that along with the excitement of a fresh start comes some apprehension, but certain proactive steps can help tame anxiety and ensure attorneys successfully adapt to unfamiliar subjects, novel internal processes and different client deliverables, say Susan Berson and Hassan Shaikh at Mintz.
Amid demands from clients and prospective hires for greater sustainability efforts, law firms should think beyond reusable mugs and create programs that incorporate clear leadership structures, emission tracking and reduction goals, and frameworks for reporting results, says Gayatri Joshi at the Law Firm Sustainability Network.
Associates may hesitate to take on the added commitment of pro bono matters, but such work has tangible skill-building benefits, so firms should consider compensation and leadership strategies to encourage participation, says Rasmeet Chahil at Lowenstein Sandler.
The pandemic has likely exacerbated the prevalence of problem drinking in the legal profession, making it critical for lawyers and educators to address alcohol abuse and the associated stigma through issue-specific education, supportive assistance and alcohol-free professional events, says Erica Grigg at the Texas Lawyers' Assistance Program.
Opinion
Lawyers Have Duty To Push For Immigration Court ReformAttorneys must use their collective voice to urge federal lawmakers to create an Article I immigration court outside executive branch control, helping address the conflicts of interest, political influence and lack of adjudication consistency that prevent migrants from achieving true justice, say Elia Diaz-Yaeger and Carlos Bollar at the Hispanic National Bar Association.
Based on their own firm's experiences, Kami Quinn and Adam Farra at Gilbert discuss strategies and unique legal industry considerations for law firms planning hybrid models of remote and in-office work in a post-COVID marketplace.
Series
Ask A Mentor: How Can 1st-Year Attys Manage Remote Work?First-year associates can have a hard time building relationships with colleagues, setting boundaries and prioritizing work-life balance in a remote work environment, so they must be sure to lean on their firms' support systems and practice good time management, say Jenny Lee and Christopher Fernandez at Kirkland.
Attorney team leaders have a duty to attend to the mental well-being of their subordinates with intention, thought and candor — starting with ensuring their own mental health is in order, says Liam Montgomery at Williams & Connolly.
As law firms begin planning next year's summer associate events, they should carefully examine how choice of venue, activity, theme, attendees and formality can create feelings of exclusion for minority associates, and consider changing the status quo to create multiculturally inclusive events, says Sharon Jones at Jones Diversity.
Series
Ask A Mentor: How Do I Negotiate Long-Term Flex Work?Though the pandemic has shown the value of remote work, many firms are still reluctant to embrace flexible working arrangements when offices reopen, so attorneys should use several negotiating tactics to secure a long-term remote or hybrid work setup that also protects their potential for career advancement, says Elaine Spector at Harrity & Harrity.
Instead of spending an entire semester on 19th century hunting rights, I wish law schools would facilitate honest discussions about what it’s like to navigate life as an attorney, woman and mother, and offer lessons on business marketing that transcend golf outings and social mixers, says Daphne Delvaux at Gruenberg Law.